| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
ALTEO Overview
ALTEO Energy Services Public Limited Company generates and sells electricity and heat in Hungary.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | Ft1,525.00 |
| 52 Week High | Ft768.00 |
| 52 Week Low | Ft1,675.00 |
| Beta | 0.48 |
| 1 Month Change | 12.13% |
| 3 Month Change | 17.31% |
| 1 Year Change | 86.89% |
| 3 Year Change | 122.63% |
| 5 Year Change | 144.00% |
| Change since IPO | 510.00% |
Recent News & Updates
These 4 Measures Indicate That ALTEO Energiaszolgaltato Nyilvanosan Mukodo Reszvenytarsasag (BUSE:ALTEO) Is Using Debt Extensively
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
ALTEO Energiaszolgaltato Nyilvanosan Mukodo Reszvenytarsasag (BUSE:ALTEO) Has Gifted Shareholders With A Fantastic 121% Total Return On Their Investment
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But when you pick a company...
ALTEO Energiaszolgaltato Nyilvanosan Mukodo Reszvenytarsasag's (BUSE:ALTEO) Earnings Are Growing But Is There More To The Story?
Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
Shareholder Returns
| ALTEO | HU Renewable Energy | HU Market | |
|---|---|---|---|
| 7D | -1.9% | 4.2% | -0.4% |
| 1Y | 86.9% | 19.6% | 61.4% |
Return vs Industry: ALTEO exceeded the Hungarian Renewable Energy industry which returned 19.6% over the past year.
Return vs Market: ALTEO exceeded the Hungarian Market which returned 61.4% over the past year.
Price Volatility
| ALTEO volatility | |
|---|---|
| ALTEO Beta | 0.48 |
| Industry Beta | 0.62 |
| Market Beta | 1 |
Stable Share Price: ALTEO is not significantly more volatile than the rest of Hungarian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ALTEO's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2008 | 249 | Attila Chikán | https://alteo.hu |
ALTEO Energy Services Public Limited Company generates and sells electricity and heat in Hungary. The company generates electricity and heat from natural gas, wind, hydro, solar, biogas, landfill gas/thermal associated gas, and biomass power plants, as well as district heating plants. It owns and operates 23 power and heating plants with a total electric generating capacity of 156 megawatts, and 880 megawatts of heat generation capacity.
ALTEO Energy Services Fundamentals Summary
| ALTEO fundamental statistics | |
|---|---|
| Market Cap | Ft29.56b |
| Earnings (TTM) | Ft2.34b |
| Revenue (TTM) | Ft36.60b |
12.6x
P/E Ratio0.8x
P/S RatioIs ALTEO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ALTEO income statement (TTM) | |
|---|---|
| Revenue | Ft36.60b |
| Cost of Revenue | Ft22.62b |
| Gross Profit | Ft13.98b |
| Expenses | Ft11.64b |
| Earnings | Ft2.34b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 15, 2021
| Earnings per share (EPS) | 120.84 |
| Gross Margin | 38.20% |
| Net Profit Margin | 6.40% |
| Debt/Equity Ratio | 169.6% |
How did ALTEO perform over the long term?
See historical performance and comparisonDividends
1.6%
Current Dividend Yield19%
Payout RatioValuation
Is ALTEO Energy Services undervalued compared to its fair value and its price relative to the market?
12.62x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ALTEO (HUF1525) is trading above our estimate of fair value (HUF481.54)
Significantly Below Fair Value: ALTEO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ALTEO is good value based on its PE Ratio (12.6x) compared to the European Renewable Energy industry average (28.4x).
PE vs Market: ALTEO is good value based on its PE Ratio (12.6x) compared to the Hungarian market (15.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ALTEO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ALTEO's PB Ratio (2.1x) is in line with the XE Renewable Energy industry average.
Future Growth
How is ALTEO Energy Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
15.8%
Forecasted Utilities industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ALTEO Energy Services has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has ALTEO Energy Services performed over the past 5 years?
12.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ALTEO has high quality earnings.
Growing Profit Margin: ALTEO's current net profit margins (6.4%) are higher than last year (2.9%).
Past Earnings Growth Analysis
Earnings Trend: ALTEO's earnings have grown by 12.4% per year over the past 5 years.
Accelerating Growth: ALTEO's earnings growth over the past year (175.7%) exceeds its 5-year average (12.4% per year).
Earnings vs Industry: ALTEO earnings growth over the past year (175.7%) exceeded the Renewable Energy industry 28%.
Return on Equity
High ROE: ALTEO's Return on Equity (16.7%) is considered low.
Financial Health
How is ALTEO Energy Services's financial position?
Financial Position Analysis
Short Term Liabilities: ALTEO's short term assets (HUF19.1B) exceed its short term liabilities (HUF10.5B).
Long Term Liabilities: ALTEO's short term assets (HUF19.1B) do not cover its long term liabilities (HUF24.5B).
Debt to Equity History and Analysis
Debt Level: ALTEO's debt to equity ratio (169.6%) is considered high.
Reducing Debt: ALTEO's debt to equity ratio has reduced from 191.1% to 169.6% over the past 5 years.
Debt Coverage: ALTEO's debt is well covered by operating cash flow (41.8%).
Interest Coverage: ALTEO's interest payments on its debt are well covered by EBIT (4x coverage).
Balance Sheet
Dividend
What is ALTEO Energy Services's current dividend yield, its reliability and sustainability?
1.57%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ALTEO's dividend (1.57%) is higher than the bottom 25% of dividend payers in the Hungarian market (1.5%).
High Dividend: ALTEO's dividend (1.57%) is low compared to the top 25% of dividend payers in the Hungarian market (4.37%).
Stability and Growth of Payments
Stable Dividend: ALTEO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ALTEO's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (19.3%), ALTEO's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.7yrs
Average management tenure
CEO
Attila Chikán (77 yo)
13.58yrs
Tenure
Dr. Attila László Chikán, Jr. has been the Chief Executive Officer of ALTEO Energy Services Public Limited Company (formerly known as ALTEO Energiaszolgaltato Nyilvanosan Mukodo Reszvenytarsasag) (formerly...
Leadership Team
Experienced Management: ALTEO's management team is considered experienced (3.7 years average tenure).
Board Members
Experienced Board: ALTEO's board of directors are considered experienced (3.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
ALTEO Energy Services Public Limited Company's employee growth, exchange listings and data sources
Key Information
- Name: ALTEO Energy Services Public Limited Company
- Ticker: ALTEO
- Exchange: BUSE
- Founded: 2008
- Industry: Renewable Electricity
- Sector: Utilities
- Market Cap: Ft29.564b
- Shares outstanding: 19.39m
- Website: https://alteo.hu
Number of Employees
Location
- ALTEO Energy Services Public Limited Company
- KOrhAz utca 6-12
- Budapest
- 1033
- Hungary
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/20 22:08 |
| End of Day Share Price | 2021/10/20 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.